OPENING CHECK

Markets open slightly lower on the heels of a successful nuclear blast by North Korea. Also some chatter from OPEC that they will try to cut production. Been there heard that before from these guys.

Sectors and stocks that are outliers this AM include GOOG +8.5, metals, oils, internets, GS, MER, MS and Semis all higher; to the red airlines, trannies, AAPL, MSFT, TGT, BSC, small caps, retail and drugs.

Market internals show about 1,200 more losers than winners which is somewhat bearish.

One thing is certain, just about every strategist on CNBC is calling for higher earnings and higher markets with an easy 1,400 target for the SPX. Don't know how easy this one is going to be and just wondering how much bad news is now factored into the markets.